10 Days With TopStepTrader

[Pekelo]

Quote from wrbtrader:

You're one big eyesore here at ET...

...so wear an eyepatch. Or two... Nothing like killing the messenger....

Quote from TrendLineBreak:

I actually think Pekelo is the vendor police.

I don't mind vendors, but if you do the talk, like Austin did, you better walk the walk too.

And I guess I am not going to sign up for his $997 trading extravaganza, after all I would expect my vendor to be at least slightly profitable after 10 days...

 

[satchel]

ouch. let the guy finish his gig before we start with the pitchforks.

 

[smallStops]

Quote from igotcash:

I like this humor. I am 99% sure he typed that stuff while laughing. Of course, he should have picked better options on why no posts for at least 30% of the combine.

1. made 1 million of real money and said forget combine
2. cracked the forex code, sold it to GS for 2 billion
3. his internet was hijacked by snowden
4. took his sim account to 2 million and is now funded big time
5. got an email from soros demanding he close his ET account since he was giving away secrets.

The beauty of ET : once in a while some huge smile get generated.
hahahahahahaha

I am getting an even higher opinion of the combine.
As now they have ninja, time for myself included to go through the test.
No buts I trade my own account, etc.... the combine is a test in "truthfulness"!
That's for sure.

 

[TrendLineBreak]

This is his 4th.

I will be congratulating him when he makes it, though.

 

[Laissez Faire]

Quote from austinp:

Also, the simple price measurement tactic is objective, neutral and integrates what the markets themselves (any symbol) intends to do hours or sometimes even a day before it comes to fruition.

Quote from austinp:

Markets are willing to tell precisely what they intend to do... for anyone who is willing to listen.

Quote from austinp:

While you and others stared at screens like deer in headlights or worse, selling into an obvious (and after yesterday, expected) trend session, those of us who know what we are doing leaned upside and raked in ca$h from those who lost.

I remember how Austin would never post any real time calls in the ES journal, but would stop by after the fact and say how easy it was and how clueless everyone else was.

Arrogance is fine if you can back it with something. If not, it's simply annoying and dishonest.

If trading is so easy, I wonder why this journal suddenly became so quiet. I guess this was another week where the market was in a tight range or a transitory state...

 

[smallStops]

Quote from TrendLineBreak:

This is his 4th.

I will be congratulating him when he makes it, though.

4th.
The lad shows perseverance.
The key is to see how many combines he needs.

 

[smallStops]

Quote from Laissez Faire:

I remember how Austin would never post any real time calls in the ES journal, but would stop by after the fact and say how easy it was and how clueless everyone else was.

Arrogance is fine if you can back it with something. If not, it's simply annoying and dishonest.

If trading is so easy, I wonder why this journal suddenly became so quiet. I guess this was another week where the market was in a tight range or a transitory state...

Good question indeed.
We are all wondering.

 

[trickshot]

Trading has never been easy, I believe its nearly impossible to make money consistently if you are trading direction with only technical analysis. You are going to be chopped up and spat out by the market if you think its easy.

If you are not doing arbitrage, front running, making markets (trading spreads), etc you have nearly no chance of making money trading in the long run.

 

[TrendLineBreak]

Quote from smallStops:

4th.
The lad shows perseverance.
The key is to see how many combines he needs.

Pekelo said something like this before, "So he gets a medal for trying? He is a vendor and should have passed this by now."

The first 2 Combine he did, we didn't really get an update because he simply stopped posting.

When austinp shows a chart, and talks about it, I know exactly what he's talking about because I was a former student.
And I agree with baggerlord, there is immense value in what he taught us.

Then how come it hasn't worked for me? When the market is moving well, we make a killing. When the market is choppy, we get destroyed.
That's the missing part I'm trying to figure out, how not to get destroyed when the market is choppy.

So this is my suggestion to austinp. So what if it is a losing Combine? Just finish it for all to see.

You will get more respect by doing that.

 

[marketsurfer]

I am impressed austin had the nerve to give it a shot-- this sets him head and shoulders above the "other" TA price action deluded souls on elite who are afraid to take the combine. what jokers!

surf